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blue diamond rings break price recordTop Diamond Items Far Exceed Estimates at Christie's Auction(November 19, '09, 5:16 Edon Ophir found at idexonline.com )
Christie's
Geneva Sale totaled $32 million, with 82 percent sold by lot and 96 percent sold
by value. Of the 10 highest-sold items at the sale, eight lots well-exceeded the
auction house's pre-sale estimates. Paul,
who went home with the three highest-sold items, purchased a ring set with a
3.30 carat rectangular-cut fancy intense blue and 3.90 carat, E, VS2 diamond for
$2.67 million, a 261 percent increase from Christie's highest pre-sale estimate.
Reflecting a 294 percent increase from its highest original pre-sale estimate, a clasp set with set with two pear-shaped fancy vivid blue diamonds, a circular-cut fancy intense blue diamond and two circular-cut fancy blue diamonds, was also sold to Paul for $2.67 million.
"This
show's the clear resurgence of the jewelry market and we look forward to
exciting sales in
Some blue diamond rings on sale
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